February 18, 2019
With technology advancing by leaps and bounds manual works have taken a backseat whether it be at home or in office. For this reason, there is a rise of a whopping number of small-scale businesses or start-ups as technology has made things not just simple but cheap too. Technology has helped businesses to work smoothly and effectively in an organized manner for the desired results. In this blog, we will discuss how BI tool integration with Tally helps ecommerce businesses.
In case of an eCommerce business, a lot has to be done not just in keeping a record of the stock of goods and maintaining it but also preparing a Tally MIS report on it. A lot of hard work and time goes into the making of a report with desired data that too without any customized results. If this widely used business software is integrated with the Business Intelligence tool, it can produce dynamic reporting results. EasyReports is such a BI tool that can be integrated with Tally.ERP 9 to get accurate automated reports.
Here are the ways in which EasyReports can help eCommerce businesses with the reporting work.
Easily imports Tally data
Tally is used to cater to the accounting, inventory and financial needs of an eCommerce business. To make effective decisions and operate smoothly, a business needs accurate data. This includes inventory records, creditors and debtors lists, and financial transactions. It also covers sales records, purchase records and taxation details. Many other essential data points contribute to efficient business operations. EasyReports takes data from Tally to produce customized reports which helps in better decision making.
Eliminates the risk of manual errors
EasyReports helps in generating automated customized reports without the risk of mistakes. Thus, EasyReports BI software boosts productivity and provides accurate data for taking best business decisions.
Easily monitors the inventory flow
An eCommerce business needs to maintain and keep a record of stock, sales, and other business-related activities. The features of EasyReports’s help in getting custom data as per your business needs, like most selling item, least selling item, and others on the basis of area, region or city. It also compares the revenue earned from a particular product from a particular location within a specified timeframe. Hence, an entrepreneur can track the growth and fall of the sale of their business products. Manage inventory stock by tracking the amount of stock sold and the remaining goods. This ensures that a lack of stock information never affects your business decisions.
To remain ahead of the competition, eCommerce businesses are now extensively using BI tool. This Business Intelligence tool helps in easy import of Tally data. For this it is helping entrepreneurs to analyze their business performance and consequently take the necessary business actions.
These are the above-mentioned process of how BI tool integration with Tally helps eCommerce businesses. To grow your eCommerce business with timely, insightful and customized reports, visit https://www.easyreports.in/